153385L (1946-08-01)

153385L (1946-08-01)

Title ID 1528
Title Code 153385L
Date 1946-08-01
Transfer Date 1946-07-16
Generation (Custodian) 0
Generate (Non-custodian) 2
Polluted Chain 0
Transfer includes agreement for sale that lists Jung Jan Ngo as Grantor (seller), and Billy Jang and Chang Gen Hee as partial buyers. Application for Registration of Fee Simple indicates that a new Tax certificate is being issued detailing ownership split of:
Billy Jang = 6/10 interest.
Jung Wing Gim =2/10 interest
Chang Gen Hee = 2/10 interest
Transfer includes letter from Edwards, McNair & Russell, Estate Agents to District Resigstrar of Titles, explaining that the 3/10 interest being transferred in this tranaction had a declared value (by the Estate Agents) of $1500, or $10000 for the whole property. This is less than the assessed value of $17000, and is valued so much less because "The building is in the old Japanese section of Powell Street and was actually sold by us for $10,000.00. In March of this year, the basement and ground floor were gutted by fire to the extent of over $5000.00 and remain unoccupied on account of lack of material to effect repairs. For this reason, Jung Jan Ngo, one of the owne
Document Notes???
Split Ownership Billy Jang = undivided 6/10 interest. Jung Wing Gim = undivided 2/10 interest. Chang Gen Hee = undivided 2/10 interest.
Property ID 263
Consideration 1500
Declared Value
Market Value 1500
Value per Metre (Source: Consideration) 5.29
Value per Metre (2016) 72.88
Value per Metre (2018) 75.69
Total Area 283.68
Extinguished Properties
Restaurant proprietor
151 Hastings St E Vancouver BC
191 Main St
191 Main St Vancouver BC
Joint Tenants
Restaurant proprietor
191 Main St
Edwards, McNair & Russell
620 Pacific Building Vancouver BC
Preceding Titles
Newer Titles
Nominal Sale False
Consideration 1500
Consideration (2016) 20674
Consideration (2018) 21473
Declared Value
Declared Value (2018) N/A
Market Value 1500
Market Value (2018) 21473
Japanese Buyers 0
Other Asian Buyers 1
Other Buyers 1
Institutional Buyers 0
Some Owners Japanese False
All Owners Japanese False
Some Owners from East Asia True
All Owners from East Asia False
Some Owners Other ??? True
All Owners Other ??? False
Has Human Owner True
Has Institutional Owner False
Has Custodian Owner False
Has VLA Owner ??? False
Japanese Sellers 0
Other Asian Sellers 2
Other Sellers 0
Institutional Sellers 0
Some Sellers Japanese False
All Sellers Japanese False
Some Sellers East Asia Other True
All Sellers East Asia Other True
Some Sellers Other False
All Sellers Other False
Has Human Seller True
Has Institutional Seller False
Has Custodian Seller False
Has VLA Seller False



153385L (1946-08-01)
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